Hangar67A Price drop $14,900N8046D

1954 North American T-28B

Grand Prairie, TX Listed 2 months ago

Specifications

Year: 1954
Total time (TTAF): 13,198 hrs

How this stacks up

1 in this listing's favor

Listed 2 months ago
On the market for a month or more — worth asking about negotiating room
Price reduced $14,900
Down 5% from the original $329,900 — a seller motivation signal
3/5 key specs
Most key specs are provided; verify any missing details with the seller

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Airframe time

Average over the aircraft's life — 13,198 hrs total time across ~72 years. A rule of thumb, not a guarantee.

≈183 hrs/yrHigh time

High utilization

This airframe has averaged about 183 hrs/year over ~72 years — more than most personal aircraft. Regular flying keeps engines and systems healthy, but it also adds cumulative wear, so review the maintenance history, component overhauls, and how the total time compares with the type's typical service life.

Price history

Price reduced· Aug 27, 2026$315,000−$14,900 (-5%)
Listed · Jun 18, 2026$329,900

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Your actual costs will vary.

As a sole owner

$2,096/mo$25,150/yr

≈ $252 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$315,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $10,150 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$315,000	$2,096/mo	$25,150/yr
1/2 share	$157,500	$1,548/mo	$18,575/yr
1/3 share	$105,000	$1,365/mo	$16,383/yr
1/4 share	$78,750	$1,274/mo	$15,288/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$315,000

$329,900

Listing trust

1/4

Complete detailsYear, registration, make/model, and a full description.
Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
Transparent priceA real asking price, not "contact for price".
Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.

What do these mean? →